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Findit, Inc. Announces FORM S1 Filing with S.E.C.

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Findit, Inc. has filed a FORM S1 with the SEC as of March 11, 2021, marking a significant step toward becoming a fully reporting publicly traded company. The filing follows the completion of three years of audited financials for 2018 to 2020 by BF Borgers CPA. The S1 offering is priced at $0.30 per share, totaling 10 million shares for a potential $3 million raise, aimed at funding website and app development. The company's recent developments are seen as crucial for future uplisting efforts from the OTC Pink sheets.

Positive
  • Completion of the audit for financials from 2018 to 2020 enhances credibility.
  • Filing of FORM S1 is a step toward becoming a fully reporting company.
  • The S1 offering could raise $3 million for development and marketing.
Negative
  • None.

ATLANTA, GA / ACCESSWIRE / March 11, 2021 / Findit, Inc., a Nevada Corporation (OTC PINK:FDIT), owner of Findit.com, a full-service social networking platform which provides tools for members to increase brand awareness through content creation and sharing, resulting in indexing in search engines, announces FORM S1 Filing with S.E.C.

Findit, which provides online marketing social networking content creation campaigns, has completed the company audit with the Auditing Firm BF Borgers CPA PC Certified, Public Accountants. The company completed three years of audited financials that include 2018, 2019, and 2020. The Form S1 includes year ending December 31, 2019 and December 31, 2020 audited financials.

The Law Firm of Thomas Cook and Associates has prepared the FORM S1 for filing and it has been submitted through EDGAR today, March 11, 2021.

Raymond Firth stated, "We are continuing to make strides to become a fully reporting publicly traded company. This step was critical to one day up list from the pink sheets."

The S1 was priced at thirty cents per share which is currently higher than the current stock price. The amount of shares in the offering is a total of ten million shares which would amount to three million dollars if the raise is 100% subscribed. The proceeds would be used for development and marketing of the website Findit.com and the Findit App, which is available on Android and IOS.

Download the Findit App today and let the world see what you have to say and share with them.

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SEC Edgar Company File Confirmation Information

CIK: 0001593184

COMPANY: FINDIT, INC.

FORM TYPE: S-1

FILE NUMBER(S): 1. 333-254128

About The Law Offices of Thomas C. Cook

The Law Offices of Thomas C. Cook was formed in Las Vegas, Nevada, in 1997, with a principal focus of representing public companies before the United States Securities and Exchange Commission, FINRA, OTC Markets, LLC, and the various state securities authorities. Thomas C. Cook, Esq., the firm's principal attorney, has over two decades of experience in corporate and securities law, including but not limited to corporate formation and governance, securities registrations and compliance, mergers and acquisitions, and the issuance of securities-related opinions. Mr. Cook received his bachelor of arts from Occidental College in 1990 and his Juris Doctor from Whittier Law School in 1993.

About BF Borgers CPA, PC​​​​​

At BF Borgers CPA, PC, we have built our practice by providing exceptional service to our clients through our commitment to our firm culture and values based on the three underlying principals Professionalism, Responsiveness, Quality.

About Findit, Inc.

Findit, Inc., owns Findit.com which is a Social Media Content Management Platform that provides an interactive search engine for all content posted in Findit to appear in Findit search. The site is an open platform that provides access to Google, Yahoo, Bing, and other search engines access to its content posted to Findit so it can be indexed in these search engines as well. Findit provides Members the ability to post, share and manage their content. Once they have posted in Findit, we ensure the content gets indexed in Findit Search results. Findit provides an option for anyone to submit URLs that they want indexed in Findit search result, along with posting status updates through Findit Right Now. Status Updates posted in Findit can be crawled by outside search engines which can result in additional organic indexing. All posts on Findit can be shared to other social and bookmarking sites by members and non-members. Findit provides Real Estate Agents the ability to create their own Findit Site where they can pull in their listing and others through their IDX account. Findit, Inc. is focused on the development of monetized Internet-based web products that can provide an increased brand awareness of our members. Findit Inc. trades under the stock symbol FDIT on the OTC Pinksheets.

Safe Harbor:

This press release contains forward-looking information within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), including statements regarding potential sales, the success of the company's business, as well as statements that include the word believe or similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties, and other factors that may cause the actual results, performance, or achievements of Findit Inc. to differ materially from those implied or expressed by such forward-looking statements. This press release speaks as of the date first set forth above, and Findit Inc. assumes no responsibility to update the information included herein for events occurring after the date hereof. Actual results could differ materially from those anticipated due to factors such as the lack of capital, timely development of products, inability to deliver products when ordered, inability of potential customers to pay for ordered products, and political and economic risks inherent in international trade.

CONTACT:
Clark St. Amant
404-443-3224

SOURCE: Findit, Inc.



View source version on accesswire.com:
https://www.accesswire.com/634998/Findit-Inc-Announces-FORM-S1-Filing-with-SEC

FAQ

What does the FORM S1 filing mean for Findit, Inc. (FDIT)?

The FORM S1 filing indicates Findit, Inc. is progressing towards becoming a fully reporting publicly traded company.

What is the price and total number of shares for Findit's S1 offering?

The S1 offering is priced at $0.30 per share for a total of 10 million shares.

How much capital could Findit, Inc. potentially raise from the S1 offering?

If fully subscribed, Findit could raise up to $3 million from the S1 offering.

What purpose will the funds from the S1 offering serve for Findit, Inc.?

The funds will be used for the development and marketing of Findit.com and its app.

Who conducted the audit for Findit, Inc.'s recent financials?

The audit was conducted by BF Borgers CPA, PC.

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